Reliance Entertainment IPO Buzz

Reliance Entertainment IPO could be the next issue on the cards from the stable of Reliance Anil Dirubhai Ambani Group. Reliance Entertainment IPO is much talked in the Media because of the recent stake sale by the company to George Soros for around $100 million. George Soros has bought 3 per cent stake in the group and if we consider the current value of the company based on the investment made, Reliance Entertainment is valued at over Rs. 12,000 crore. Film Entertainment, TV Broadcasting and Internet Media are the three major business lines in which Reliance Entertainment operates. The company made entry into FM Radio business and is currently India’s leading private FM radio network with over 12 stations and planning to expand to over 45 stations in the coming years. More updates and information regarding the Reliance Entertainment IPO will be updated when available. Do check back later for Reliance Entertainment IPO news.

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